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at legalzoom.com we put the law on your side. melissa: here we go again, the president and congressional leaders come up empty-handed after their 11th hour meeting to avoid the sequeered. finding how to cut $85 billion bill he can be that hard, given that it is only about 2% of the $3.6 trillion federal budget. my next guest says that he has the solution. how washington can actually resolve the debt crisis. joining me now in a fox business exclusive is the ceo of tivo. what can the ceos do that these goofballs in washington couldn't? >> i am not sure. it is the answer, i'm not sure if they have the exact answer here, but it's certainly worth a try. a number of ceos have come forward as part of this effort. for the first time, will bunch of us have said that we are not weighing in on one political side or the other. but we have to come to a compromise here is we have to come up with a fiscal plan and long-term debt reduction. >> it is all about compromise and negotiation and getting to a solution. when you look at these guys, they
at legalzoom.com we put the law on your side. melissa: here we go again, the president and congressional leaders come up empty-handed after their 11th hour meeting to avoid the sequeered. finding how to cut $85 billion bill he can be that hard, given that it is only about 2% of the $3.6 trillion federal budget. my next guest says that he has the solution. how washington can actually resolve the debt crisis. joining me now in a fox business exclusive is the ceo of tivo. what can the ceos do that...
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. >> the bedroom floor just collapsed and my brother-in-law is in there. he's under the house. a sink hole some 30 feet across and 100 feet deep opened up directly beneath jeff bush's bedroom. his brother tried desperately to save him. >> i jumped in the hole, tried to dig him out. i couldn't find him. i started digging and digging. the cops showed up and told me, the floor is still falling in. >> reporter: jeremy was rescued by police, but his brother is believed dead. the house condemned. the bush family said they had no idea they lived under a geological time bomb. this part of florida is known as sink hole alley. florida is riddled with them. look at these, all reported sink holes in florida since 1954. more than 3,000 since the '80s. seven other states are classified as sink hole prone, covering up to 40% of the country. sink holes form when limestone is eaten away by water, but the land above it stays in tact until it gives way. >> it burns through the rock. we're talking hundreds of thousands of years. >> reporter: the result, sink holes like this growing to the size of
. >> the bedroom floor just collapsed and my brother-in-law is in there. he's under the house. a sink hole some 30 feet across and 100 feet deep opened up directly beneath jeff bush's bedroom. his brother tried desperately to save him. >> i jumped in the hole, tried to dig him out. i couldn't find him. i started digging and digging. the cops showed up and told me, the floor is still falling in. >> reporter: jeremy was rescued by police, but his brother is believed dead. the...
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>> the bedroom floor just collapsed and my brother-in-law is in there and he is underneath the house. >> shepard: a sheriff's deputy responding to that call had to pull the brother who was trying to help from the hole. crews on the scene say the one who was buried there is likely dead and the sink hole, they believe is still growing. sink holes are a big problem in florida. officials at the state department of environmental protection say there is is no place that's absolutely safe from them. but one opening up inside someone's bedroom? thankfully you don't hear that much. doug smith from our station wtvt my fox tampa bay with the news in hillsborough county tonight. doug, police have evacuated that whole area, huh? >> you are right, shep. they don't know. this ground is very unstable and they say that it's not safe for folks to be around. the house is right there. this is a live look right now. those are the workers that are boring down to figure out how big this hole is underneath the house. how wide it is. how deep it is. you can see they are wearing tether straps. that's how tense
>> the bedroom floor just collapsed and my brother-in-law is in there and he is underneath the house. >> shepard: a sheriff's deputy responding to that call had to pull the brother who was trying to help from the hole. crews on the scene say the one who was buried there is likely dead and the sink hole, they believe is still growing. sink holes are a big problem in florida. officials at the state department of environmental protection say there is is no place that's absolutely safe...
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the cuts once considered too painful to consider are now the law of the land. president obama and congressional republicans could not reach a compromise to avoid the $85 billion in automatic cuts. they will not happen all at once, but instead they will come over time. they are pointing fingers at each other over their failure to reach a deal. >> probably would be a lot better ways to reduce that spending than by the formula approach of the sequester. but we don't intend to spend a penny less as promised to the american people. >> these cuts are not smart, they will hurt our economy and cost us jobs. and congress can turn them off at any time as soon as both sides are willing to compromise. >> the cuts will hit different agencies in different ways. and there has been some confusion over how they will take effect. one good example is this, the faa held a conference to back away earlier this week, that 160 air traffic controller towers around the country would have to close on april one. others listening in were told the initial announcements of the cuts had not b
the cuts once considered too painful to consider are now the law of the land. president obama and congressional republicans could not reach a compromise to avoid the $85 billion in automatic cuts. they will not happen all at once, but instead they will come over time. they are pointing fingers at each other over their failure to reach a deal. >> probably would be a lot better ways to reduce that spending than by the formula approach of the sequester. but we don't intend to spend a penny...
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there are certain districts in the house that are black districts by law just about now. and even the virginia senators, they have no interest in voting against this. the state government is not their government, and they are going to lose -- they're going to lose votes if they do not re-enact the voting rights act. even the name of it is wonderful. who is going to vote against that in the future? >> this time it was justice elena kagan who rebutted his arguments in her exchange with the shelby county attorney. listen to this. >> you said the problem has been solved, but who gets to make that judgment really? is it you, is it the court, or is it congress? >> well, it's certainly not me. >> that's a good answer. i was hoping you would say that. >> but i think the question is congress can examine it, congress makes a record, it is up to the court to determine whether the problem indeed has been solved and whether the new problem, if there is one -- >> well, that's a big, new power that you are giving us, that we have the power now to decide whether racial discrimination has
there are certain districts in the house that are black districts by law just about now. and even the virginia senators, they have no interest in voting against this. the state government is not their government, and they are going to lose -- they're going to lose votes if they do not re-enact the voting rights act. even the name of it is wonderful. who is going to vote against that in the future? >> this time it was justice elena kagan who rebutted his arguments in her exchange with the...
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that one over a law that finances the government. incredibly, both sides expressed agreement on one point that they don't want to see a government shutdown. lester? >> all right. kristen welker, thanks. as we had been noting over the last week or so a lot of folks were getting notices that pink slips might be coming along. think about losing a day's pay, the impact that has on most people's lives. >> it is enormous. a lot of people putting out there too on twitter or facebook messages about what it would add to. for some people it could be a 10 to 20% pay cut, $600 a month, for many people that is their mortgage payment, their rent. it is interesting. we're hearing a lot the president is waiting for public outrage but then he tempered his message yesterday saying it is not going to be this massive apocalypse. >> but it might be personally. >> exactly. >> that's the issue. like i say, to lose a day's pay, as we know through this economy a lot of folks are living on the edge as it is. it's hard. i think there is a big picture debate in
that one over a law that finances the government. incredibly, both sides expressed agreement on one point that they don't want to see a government shutdown. lester? >> all right. kristen welker, thanks. as we had been noting over the last week or so a lot of folks were getting notices that pink slips might be coming along. think about losing a day's pay, the impact that has on most people's lives. >> it is enormous. a lot of people putting out there too on twitter or facebook...
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you could still have courts strike those laws down in the state law. but it goes from a process where they have to get a preclear to where you have to fight against them after they are already enacted. >> and interesting i'm sure people say this is what it's about the impact would be on the hispanic community, not the frern american community so much. we moved forward on race. you mentioned south carolina. tim scott beat thurman and is now a senator from south carolina. >> i don't know if you have seen how that is drawn, though. >> president obama won virginia twice. so we know that we're moving forward. the question is, sh this a constitutional issue versus a political one? >> that's generally the argument that is made by a lot of folks on that particular side of the argument that we have achieved in a lot of ways this post racial, not utopia, but we have received a fair amount of post racial success, if you will. >> i think the tim scott case is a good one. so here you had a lot of conservative white largely evangelical voters electing an african-ame
you could still have courts strike those laws down in the state law. but it goes from a process where they have to get a preclear to where you have to fight against them after they are already enacted. >> and interesting i'm sure people say this is what it's about the impact would be on the hispanic community, not the frern american community so much. we moved forward on race. you mentioned south carolina. tim scott beat thurman and is now a senator from south carolina. >> i don't...